Positioning Geothermal as a Bankable, Long-Term Clean Energy Resource for Melilla

MADRID, ES / ACCESS Newswire / February 5, 2026 / TEVERRA, a leading subsurface solutions provider specializing in geothermal and subsurface energy technologies, is proud to announce a new partnership with Earth Energy Explorers, a Spanish Geothermal Energy Developer, to support the development of the Melilla Geothermal Project in the Spanish autonomous city of Melilla.

Melilla is uniquely situated on the North African coast, surrounded by Morocco and bordering the Mediterranean Sea. The region's geologic setting and subsurface heat conditions provide promising potential for geothermal exploration, creating an opportunity to evaluate a local, reliable, and low-carbon energy resource that can serve both power and heating/cooling needs.

Importantly, geothermal energy could play a strategic role in Melilla by strengthening energy security and independence, reducing reliance on imported fuels, and enabling a stable baseload renewable energy source. With increasing emphasis across Europe on resilient clean energy systems, geothermal presents a valuable pathway toward long-term decarbonization while supporting local economic development.

Under the collaboration, Earth Energy Explorers serves as the project developer while TEVERRA will provide technical support, including subsurface characterization, resource assessment, risk-reduction planning, and technical advisory services to support geothermal exploration and development.

"We are excited to partner with Earth Energy Explorers on the Melilla Geothermal Project," said Randal Wichuk, CEO of TEVERRA. "Geothermal presents a powerful opportunity to deliver secure and dispatchable baseload power while occupying minimal land and supporting grid stability. Our team is proud to support this important initiative through advanced subsurface analysis and de-risking approaches that improve predictability and success across the project lifecycle."

The Melilla Geothermal Project reflects a growing momentum across Europe and the Mediterranean region to accelerate geothermal as a scalable and reliable renewable energy resource - capable of providing consistent baseload power and thermal energy while reducing dependence on imported fuels.

"We are pleased to collaborate with TEVERRA as our consulting partner," said Carlos Diaz, Partner & Technical Director of Earth Energy Explorers. "TEVERRA brings deep technical expertise in subsurface geomechanics and geothermal development. Their support strengthens our ability to systematically evaluate the resource, reduce drilling and development risk, and accelerate the pathway toward a successful geothermal project in Melilla."

The partnership supports a shared commitment to enabling the energy transition through cutting-edge subsurface technology, data-driven decision-making, and robust engineering workflows that reduce uncertainty and enhance project bankability.

About Earth Energy Explorers

EEE (Earth Energy Explorer) is a Spanish company focused on the exploration, development, and long-term operation of deep geothermal resources. We are pioneers in the geothermal energy sector in Spain, committed to delivering baseload renewable energy to our customer. Learn more about www.earthenergyexplorer.es.

About TEVERRA

Teverra is a U.S.-based subsurface solutions provider delivering advanced subsurface solutions, geothermal development support, and energy transition technologies across geothermal, CO2 storage, and subsurface energy systems. TEVERRA works with public and private partners globally to de-risk subsurface projects and enable scalable decarbonization solutions. Learn more at www.teverra.com.

CONTACT:
Hamed Soroush
[email protected]

SOURCE: TEVERRA



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